Redwood Trust, Inc.

RWT

US7580754023

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
5.72 ^USD	+0.88%		+0.70%	-22.81%

Apr. 12	North American Morning Briefing : Big Banks Kick -2-	DJ
Apr. 11	Wedbush Downgrades Redwood Trust to Neutral From Outperform, Cuts Price Target to $6.50 From $8, Cites 'Higher for Longer' Rates	MT

Tranche Update on Redwood Trust, Inc.'s Equity Buyback Plan announced on July 28, 2022.

August 07, 2023 at 04:55 pm EDT

From April 1, 2023 to June 30, 2023, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 3,448,000 shares, representing 2.95% for $23.72 million under the buyback announced on July 28, 2022.

Latest news about Redwood Trust, Inc.

North American Morning Briefing : Big Banks Kick -2-	Apr. 12	DJ
Wedbush Downgrades Redwood Trust to Neutral From Outperform, Cuts Price Target to $6.50 From $8, Cites 'Higher for Longer' Rates	Apr. 11	MT
Transcript : Redwood Trust, Inc. - Analyst/Investor Day	Mar. 19
Redwood Trust, Inc. and Canada Pension Plan Investment Board Announce $750 Million Strategic Capital Partnership	Mar. 19	CI
Redwood Trust Keeps Quarterly Dividend at $0.16 a Share, Payable March 28 to Shareholders of Record March 21	Mar. 07	MT
Redwood Trust, Inc. Declares First Quarter 2024 Common Dividend, Payable on March 28, 2024	Mar. 07	CI
UBS Adjusts Redwood Trust Price Target to $8.50 From $9, Maintains Buy Rating	Mar. 05	MT
Keefe, Bruyette & Woods Adjusts Price Target on Redwood Trust to $7.75 From $8.50, Maintains Outperform Rating	Feb. 26	MT
JMP Securities Adjusts Redwood Trust Price Target to $8 From $9, Maintains Market Outperform Rating	Feb. 21	MT
Piper Sandler Adjusts Price Target on Redwood Trust to $7 From $7.50, Maintains Neutral Rating	Feb. 21	MT
Transcript : Redwood Trust, Inc., Q4 2023 Earnings Call, Feb 20, 2024	Feb. 20
Earnings Flash (RWT) REDWOOD TRUST Reports Q4 EPS $0.15, vs. Street Est of $0.15	Feb. 20	MT
Redwood Trust, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 20	CI
Redwood Trust Prices $60 Million Notes Offering	Jan. 18	MT
Redwood Trust, Inc. Declares a Fourth Quarter 2023 Regular Common Stock Dividend, Payable on December 28, 2023	Dec. 07	CI
UBS Initiates Coverage on Redwood Trust With Buy Rating, $9 Price Target	Dec. 06	MT
North American Morning Briefing : Stock Futures -2-	Dec. 06	DJ
BTIG Upgrades Redwood Trust to Buy From Neutral, Price Target is $8.50	Dec. 05	MT
Raymond James Adjusts Redwood Trust's Price Target to $9 From $10, Maintains Strong Buy Rating	Nov. 28	MT
Tranche Update on Redwood Trust, Inc.'s Equity Buyback Plan announced on July 28, 2022.	Nov. 07	CI
Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors, Effective November 2, 2023	Nov. 02	CI
Transcript : Redwood Trust, Inc., Q3 2023 Earnings Call, Oct 30, 2023	23-10-30
Redwood Trust, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
JMP Securities Adjusts Price Target on Redwood Trust to $9 From $8, Keeps Market Outperform Rating	23-09-15	MT
Redwood Trust Keeps Quarterly Dividend at $0.16 a Share, Payable Sept. 29 to Stockholders of Record Sept. 22	23-09-12	MT

Chart Redwood Trust, Inc.

Duration

Period

More charts

Company Profile

Redwood Trust, Inc. is a specialty finance company focused on several distinct areas of housing credit. The Company's segments include Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through its SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio. The Residential Investor Mortgage Banking segment consists of a platform that originates business purpose lending loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment consists of organic investments sourced through the Company's mortgage banking operations. Additionally, through RWT Horizons, its venture investing initiative, the Company invests in early-stage companies.

Sector

Specialized REITs

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Redwood Trust, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.72 USD

Average target price

7.625 USD

Spread / Average Target

+33.30%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Mortgage REITs

	1st Jan change	Capi.
REDWOOD TRUST, INC.	-22.81%	753M
ANNALY CAPITAL MANAGEMENT, INC.	-2.53%	9.45B
AGNC INVESTMENT CORP.	-4.89%	6.72B
STARWOOD PROPERTY TRUST, INC.	-7.23%	6.12B
RITHM CAPITAL CORP.	+4.96%	5.42B
BLACKSTONE MORTGAGE TRUST, INC.	-15.80%	3.15B
ARBOR REALTY TRUST, INC.	-15.55%	2.43B
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.	-8.01%	1.53B
READY CAPITAL CORPORATION	-13.66%	1.53B
LADDER CAPITAL CORP	-4.43%	1.41B

Mortgage REITs

Redwood Trust, Inc.

Equities

RWT

US7580754023

Specialized REITs

Tranche Update on Redwood Trust, Inc.'s Equity Buyback Plan announced on July 28, 2022.

EPS Revisions